Radnor Capital Management LLC Has $4.46 Million Position in The Procter & Gamble Company (NYSE:PG)

Radnor Capital Management LLC lowered its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 19.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 26,597 shares of the company's stock after selling 6,342 shares during the quarter. Procter & Gamble accounts for about 0.7% of Radnor Capital Management LLC's portfolio, making the stock its 24th biggest holding. Radnor Capital Management LLC's holdings in Procter & Gamble were worth $4,459,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in PG. Itau Unibanco Holding S.A. acquired a new stake in shares of Procter & Gamble in the 2nd quarter worth $28,000. RPg Family Wealth Advisory LLC acquired a new stake in Procter & Gamble during the third quarter worth about $33,000. Quest Partners LLC purchased a new position in Procter & Gamble during the second quarter worth about $36,000. Costello Asset Management INC boosted its holdings in Procter & Gamble by 2,142.9% in the 3rd quarter. Costello Asset Management INC now owns 314 shares of the company's stock valued at $54,000 after purchasing an additional 300 shares during the last quarter. Finally, William B. Walkup & Associates Inc. acquired a new position in Procter & Gamble in the second quarter valued at approximately $58,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PG has been the subject of several research reports. JPMorgan Chase & Co. dropped their target price on Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating for the company in a research report on Thursday. Piper Sandler assumed coverage on shares of Procter & Gamble in a research report on Tuesday, September 24th. They set a "neutral" rating and a $174.00 target price on the stock. Wells Fargo & Company reduced their price objective on shares of Procter & Gamble from $190.00 to $176.00 and set an "overweight" rating for the company in a research note on Tuesday, January 7th. UBS Group dropped their price objective on Procter & Gamble from $196.00 to $189.00 and set a "buy" rating for the company in a research report on Thursday. Finally, Morgan Stanley raised their price target on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st. Eight research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $180.05.

Insiders Place Their Bets

In other news, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the completion of the sale, the chief executive officer now owns 39,977 shares in the company, valued at $7,189,463.68. This represents a 54.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO R. Alexandra Keith sold 1,992 shares of the company's stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total value of $338,640.00. Following the transaction, the chief executive officer now directly owns 13,783 shares in the company, valued at $2,343,110. The trade was a 12.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 75,439 shares of company stock worth $13,317,460. Company insiders own 0.18% of the company's stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock traded up $0.89 during trading hours on Thursday, reaching $160.54. The company's stock had a trading volume of 5,753,030 shares, compared to its average volume of 6,788,053. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The company's 50 day simple moving average is $169.37 and its 200 day simple moving average is $169.45. The Procter & Gamble Company has a one year low of $146.28 and a one year high of $180.43. The stock has a market cap of $378.08 billion, a P/E ratio of 27.68, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The firm had revenue of $21.74 billion during the quarter, compared to analyst estimates of $21.99 billion. During the same period in the previous year, the business posted $1.83 EPS. Procter & Gamble's revenue was down .6% on a year-over-year basis. As a group, analysts expect that The Procter & Gamble Company will post 6.93 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.51%. Procter & Gamble's dividend payout ratio (DPR) is 69.48%.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.